Gold advocate Peter Schiff warns that Microstrategy's $42bn plan to buy Bitcoin, funded by debt and equity, risks a liquidity trap and cites Michael Saylor as "the Egg Man". Schiff's advice comes amid fears that declining or stabilising Bitcoin prices could affect Microstrategy. Schiff frequently criticises Bitcoin and promotes gold. He suggested that the Federal Reserve risks making past policy mistakes with anticipated interest rate cuts and QE, which will fuel debt, increase consumer prices, weaken the dollar, and reignite inflation.